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Property profile & analytics
OFF-MARKET
Neighborhood centers

8915 Penn Ave Bloomington, MN 55431

43,945 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Penn Lake Shopping Center, a vibrant neighborhood center situated at the high-traffic intersection of Penn Avenue and 90th Street in Bloomington, Minnesota. The property boasts a total of 43,945 square feet and offers multiple tenancy options, with three spaces currently available, ranging from a minimum of 1,800 square feet to a maximum of 7,500 square feet. The center sits on a sizable 4.23-acre lot and provides ample parking for customers and employees with 214 spaces. Its strategic location offers unparalleled visibility and accessibility, being directly across from the Bloomington Jefferson High School football field and just a short distance from Interstate 35W, ensuring high traffic volume and exposure to a large customer base. The surrounding area features a dense residential population and significant daytime traffic, creating a strong foundation for a thriving business. This is an ideal location for restaurants and other retail businesses seeking a prominent presence in a bustling community within Hennepin County, Minnesota, zip code 55431. The property is classified as a storefront within a strip center.

Property profile
Verified
Property type Neighborhood centers
Total area 43,945 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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